President Donald Trump, speaking with reporters July 25 before boarding a flight to Scotland, downplayed the possibility of reaching an agreement to impose lower than his threatened 30% tariff on EU exports.
Section 232 tariffs are necessary to combat China's trade practices, the Coalition for a Prosperous America said in a July 23 report.
A bipartisan group in the House publicized a letter they sent last month to U.S. Trade Representative Jamieson Greer, asking him to remove 10% tariffs on coffee, and to avoid hiking tariffs on coffee beans in future deals.
Sen. Peter Welch, D-Vt., joined by two moderate Republicans, Minority Leader Chuck Schumer, and other Democrats, introduced a bill this week that would exempt small businesses from paying tariffs levied on Canada under the fentanyl emergency. Small businesses are defined by the Small Business Administration, based on either average employment or recent annual revenues, and some manufacturers can have as many as 1,500 employees. Small retailers, depending on the sector, may qualify with annual revenues at or below $9 million to $47 million.
President Donald Trump, speaking at an event on artificial intelligence July 23, told the audience that for countries that are smaller trading partners, there will be a tariff imposed on their goods between 15% and 50%.
The U.S. government's "newfound" theory of jurisdiction in two importers' case against the legality of tariffs imposed under the International Emergency Economic Powers Act is "both convoluted and wrong," the importers, Learning Resources and Hand2Mind, argued in a reply brief at the U.S. Court of Appeals for the D.C. Circuit (Learning Resources v. Donald J. Trump, D.C. Cir. # 25-5202).
CBP has set a target date of Sept. 27 for implementation of an ACE enhancement that would automatically reject manifest filings with insufficient cargo information, such as insufficient cargo descriptions, consignee information or shipper information, according to CBP's Notional Development & Deployment Schedule for July.
Rep. Suzan DelBene, D-Wash., a lead sponsor of the Prevent Tariff Abuse Act, has convinced 71 other Democrats to join her in clarifying that the International Emergency Economic Powers Act doesn't give a president the ability to impose quotas, tariff rate quotas or tariffs on imports.
Although a majority of the Senate voted to end the underlying emergency that allowed the president to impose 25% tariffs on Canadian goods, a vote was blocked in the House.
Philippines President Ferdinand "Bongbong" Marcos told reporters in Manila that the Philippines didn't agree to drop tariffs to zero on all U.S. goods, as the U.S. claimed. He said that the Philippines agreed to eliminate tariffs in particular markets the U.S. really cares about, like automobiles.